Following the transaction, News Corp will hold a roughly 6% stake in DAZN as well as one seat on its board of directors.The deal is expected to be completed in the first half of 2025.“We believe DAZN is the right owner to take the business to the next level with their technological capabilities,

News Corp and partner Telstra sold their interest in the Foxtel subscription TV and streaming service to DAZN Group.

Murdoch's News Corp (NASDAQ:NWS) finalized an agreement to sell its Australian cable television and streaming service, Foxtel, to DAZN— a UK sports streaming giant—for approximately $2.1 billion (~A$3.